Fidelity: It is expected that sovereign nations and central banks will purchase BTC in 2025

Fidelity Digital Assets predicts that 2025 will be a turning point for the adoption of Bitcoin (BTC). More countries, central banks, sovereign wealth funds, and government finance ministries are expected to purchase BTC to establish strategic reserves. The report points out that allocating BTC may be better able to withstand macroeconomic headwinds than not allocating it, as inflation rises, currency depreciation, and fiscal deficits widen. Fidelity analyst Matt Hogan said that as a strategic asset, Bitcoin may attract more countries to adopt an accumulation strategy, although some countries may secretly purchase to avoid driving up market prices. Currently, the governments holding the most BTC are the United States, China, the United Kingdom, Ukraine, Bhutan, and El Salvador, most of which were obtained through government confiscation or recovering assets from criminal activities. In addition, the report mentioned that U.S. President-elect Trump and Senator Cynthia Lummis both support the establishment of a national BTC reserve. If the BTC Act proposed by Lummis in 2024 is passed, it may prompt other countries to follow suit. Fidelity points out that this political and financial game will further drive global adoption of BTC. (Coindesk)